Premium Brands (TSE:PBH) Price Target Cut to C$116.00 by Analysts at BMO Capital Markets

Premium Brands (TSE:PBH) had its target price cut by BMO Capital Markets from C$125.00 to C$116.00 in a research report report published on Friday,BayStreet.CA reports.

PBH has been the topic of several other reports. TD Securities lifted their price target on shares of Premium Brands from C$145.00 to C$160.00 in a research note on Thursday, December 18th. Raymond James Financial upped their price objective on shares of Premium Brands from C$115.00 to C$125.00 in a research note on Thursday, December 18th. Canadian Imperial Bank of Commerce dropped their price objective on Premium Brands from C$120.00 to C$110.00 in a report on Friday. Desjardins set a C$120.00 target price on Premium Brands and gave the stock a “buy” rating in a research report on Friday, December 19th. Finally, Scotiabank raised Premium Brands from a “hold” rating to an “outperform” rating and boosted their target price for the company from C$99.00 to C$120.00 in a report on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of C$117.82.

Premium Brands Stock Performance

Shares of PBH opened at C$86.60 on Friday. The company has a market capitalization of C$3.87 billion, a price-to-earnings ratio of 58.91, a price-to-earnings-growth ratio of 1.10 and a beta of 0.51. Premium Brands has a 52-week low of C$72.57 and a 52-week high of C$106.79. The company has a quick ratio of 1.16, a current ratio of 1.23 and a debt-to-equity ratio of 206.42. The stock has a 50 day moving average price of C$99.05 and a 200 day moving average price of C$97.00.

Premium Brands (TSE:PBH) last released its quarterly earnings data on Thursday, March 19th. The company reported C$1.29 earnings per share for the quarter. The company had revenue of C$1.90 billion for the quarter. Premium Brands had a net margin of 0.54% and a return on equity of 2.38%. Research analysts predict that Premium Brands will post 6.039823 EPS for the current fiscal year.

Key Stories Impacting Premium Brands

Here are the key news stories impacting Premium Brands this week:

• Positive Sentiment: Reported record fourth‑quarter sales, adjusted EBITDA and adjusted EPS, and announced the sale of an interest (company press release). Premium Brands reports record Q4
• Positive Sentiment: Desjardins initiated/assigned a C$120.00 price target with a “buy” rating, implying ~39% upside from the current price — a bullish analyst view that could support the stock. Desjardins sets C$120 target
• Neutral Sentiment: Quarterly headline: C$1.29 EPS and C$1.90B revenue, but reported net margin ~0.92% and ROE ~3.8% — strong top‑line/adjusted metrics offset by thin GAAP margins. Quarterly results and materials
• Neutral Sentiment: Scotiabank cut its price target from C$120 to C$100 but kept an “outperform” rating (still implies mid‑teens upside) — a tempered yet constructive view. Scotiabank lowers target
• Neutral Sentiment: BMO Capital Markets trimmed its target from C$125 to C$116 (remaining upside in the mid‑30%s) — a cut but still positive on longer‑term upside. BMO lowers target
• Neutral Sentiment: Raymond James lowered its target from C$125 to C$115 and kept an “outperform” rating — another analyst trimming estimates but maintaining upside. Raymond James lowers target
• Neutral Sentiment: Canadian Imperial Bank of Commerce reduced its target to C$110 from C$120 (still shows ~28% upside). CIBC lowers target TickerReport item
• Negative Sentiment: National Bank Financial lowered its target from C$115 to C$108 and moved to a “sector perform” rating — a downgrade in tone that likely pressured the stock. National Bank cuts target and rating TickerReport item

About Premium Brands

Premium Brands Holdings Corp is engaged in specialty food manufacturing, premium food distribution, and wholesale businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nevada, and Washington State. The company’s business segments include Specialty Foods, Premium Food Distribution, and Corporate. The Specialty Foods segment consists of its specialty food manufacturing businesses, which contributes about two-thirds of the group revenue; the Premium Food Distribution segment consists of the company’s distribution and wholesale businesses; the Corporate segment includes the company’s head office activities along with its finance and information systems.